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4. Refer to the data for Pettijohn Inc. What is the firm's days sales outstanding? Assume a 360-day year for this calculation. a. 48.17 b. 50.71 c. 53.38 d. 56.19 e. 59.14 5. Refer to the data for Pettijohn Inc. What is the firm's total assets turnover? for a payment of $1. a. 0.90 million three year b. 1.12 c. 1.40 d. 1.68 e. 2.02 pothe a. 4.17 b. 4.38 c. 4.59 d. 5.82 e. 5.07 fotonoy elloW bib wolt 6. Refer to the data for Pettijohn Inc. What is the firm's inventory turnover ratio? Hint: COGS = the sum of operating costs except depreciation + depreciation 082,182 ". Refer to the data for Pettijohn Inc. What is the firm's debt-to-assets ratio? a. 45.93% b. 51.03% c. 56.70% d. 63.00% e. 70.00% 8CA0T2 00.00.12 02.828, 12 00.000,02 24.121.52

4. Refer to the data for Pettijohn Inc. What is the firm's days sales outstanding? Assume a 360-day year for this calculation. a. 48.17 b. 50.71 c. 53.38 d. 56.19 e. 59.14 5. Refer to the data for Pettijohn Inc. What is the firm's total assets turnover? for a payment of $1. a. 0.90 million three year b. 1.12 c. 1.40 d. 1.68 e. 2.02 pothe a. 4.17 b. 4.38 c. 4.59 d. 5.82 e. 5.07 fotonoy elloW bib wolt 6. Refer to the data for Pettijohn Inc. What is the firm's inventory turnover ratio? Hint: COGS = the sum of operating costs except depreciation + depreciation 082,182 ". Refer to the data for Pettijohn Inc. What is the firm's debt-to-assets ratio? a. 45.93% b. 51.03% c. 56.70% d. 63.00% e. 70.00% 8CA0T2 00.00.12 02.828, 12 00.000,02 24.121.52

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The following data is for questions 4 to 7 MI 1ST 10lsunten Pettijohn Inc. The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has nop amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, MA AUOT and the notes payable will be rolled over. Balance Sheet (Millions of S) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets and stai Liabilities and Equity level wo Accounts payable suzu ols eroja Notes payable Accruals Total current liabilities il of bozore al Long-term bonds Total debt Common stock Retained earnings Total common equity Total liabilities and equity being Income Statement (Millions of $) Net sales Operating costs except depr'n Depreciation Earnings bef int and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes Net income Other data: Shares outstanding (millions) Common dividends Int rate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 2016 Ons $ 1,554.0 waliot od to doidw & mol of ovien 9,660.0m vilmonog al il s bitqciq s diw 13,440.0 $24,654.0 17,346.0 $42,000.0 mousse asdi al 30% $ 7,980.0 5,880.0 4,620.0 $12,600.0 $42,000.0 $18,480.0 aslugor a 11.5. 2010,920.0d to tuomis odi $29,400.0 3,360.0 9,240.0 101 als 2016 $58,800.0 $54,978.0 $1,029.0 $ 2,793.0 1,050.0 $ 1,743.0 $ 610.1 $1,133.0 anodaogio d svbezib ono..0 job of residue 175.00 $ 509.83 6.25% 35% $77.69 gsimybe ono.b di vtilidail Pasl 916 har venoM bote ngis10¹10 15min d 23bola.2.0.5 (-hod2.b else A
Transcribed Image Text:The following data is for questions 4 to 7 MI 1ST 10lsunten Pettijohn Inc. The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has nop amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, MA AUOT and the notes payable will be rolled over. Balance Sheet (Millions of S) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets and stai Liabilities and Equity level wo Accounts payable suzu ols eroja Notes payable Accruals Total current liabilities il of bozore al Long-term bonds Total debt Common stock Retained earnings Total common equity Total liabilities and equity being Income Statement (Millions of $) Net sales Operating costs except depr'n Depreciation Earnings bef int and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes Net income Other data: Shares outstanding (millions) Common dividends Int rate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 2016 Ons $ 1,554.0 waliot od to doidw & mol of ovien 9,660.0m vilmonog al il s bitqciq s diw 13,440.0 $24,654.0 17,346.0 $42,000.0 mousse asdi al 30% $ 7,980.0 5,880.0 4,620.0 $12,600.0 $42,000.0 $18,480.0 aslugor a 11.5. 2010,920.0d to tuomis odi $29,400.0 3,360.0 9,240.0 101 als 2016 $58,800.0 $54,978.0 $1,029.0 $ 2,793.0 1,050.0 $ 1,743.0 $ 610.1 $1,133.0 anodaogio d svbezib ono..0 job of residue 175.00 $ 509.83 6.25% 35% $77.69 gsimybe ono.b di vtilidail Pasl 916 har venoM bote ngis10¹10 15min d 23bola.2.0.5 (-hod2.b else A
4. Refer to the data for Pettijohn Inc. What is the firm's days sales outstanding? Assume a 360-day year for this calculation. a. 48.17 b. 50.71 c. 53.38 d. 56.19 e. 59.14 5. Refer to the data for Pettijohn Inc. What is the firm's total assets turnover? for a payment of $1.1 a. 0.90 million two b. 1.12 c. 1.40 d. 1.68 e. 2.02 a. 4.17 b. 4.38 c. 4.59 d. 5.82 e. 5.07 todes,82 ho on bad asgp posis 6. Refer to the data for Pettijohn Inc. What is the firm's inventory turnover ratio? Hint: COGS = the sum of operating costs except depreciation + depreciation offers a rate of retur Vir 072082 8SA,OT ers (82 SteW SV 0202 baa noitsioon Cho tad ebnod ibontcho pine staisnog turli bas enologo vai ot basarsana buxit won yurd of 0212 basqa of besiuper anw mil Tonuenoy elloW bib wolt diso est donn wohl Istiquo grist 00.00 12.0 02.828,12 EA 120,12 00.040,92 24.121.32 7. Refer to the data for Pettijohn Inc. What is the firm's debt-to-assets ratio? a. 45.93% b. 51.03% c. 56.70% d. 63.00% e. 70.00% due mot
Transcribed Image Text:4. Refer to the data for Pettijohn Inc. What is the firm's days sales outstanding? Assume a 360-day year for this calculation. a. 48.17 b. 50.71 c. 53.38 d. 56.19 e. 59.14 5. Refer to the data for Pettijohn Inc. What is the firm's total assets turnover? for a payment of $1.1 a. 0.90 million two b. 1.12 c. 1.40 d. 1.68 e. 2.02 a. 4.17 b. 4.38 c. 4.59 d. 5.82 e. 5.07 todes,82 ho on bad asgp posis 6. Refer to the data for Pettijohn Inc. What is the firm's inventory turnover ratio? Hint: COGS = the sum of operating costs except depreciation + depreciation offers a rate of retur Vir 072082 8SA,OT ers (82 SteW SV 0202 baa noitsioon Cho tad ebnod ibontcho pine staisnog turli bas enologo vai ot basarsana buxit won yurd of 0212 basqa of besiuper anw mil Tonuenoy elloW bib wolt diso est donn wohl Istiquo grist 00.00 12.0 02.828,12 EA 120,12 00.040,92 24.121.32 7. Refer to the data for Pettijohn Inc. What is the firm's debt-to-assets ratio? a. 45.93% b. 51.03% c. 56.70% d. 63.00% e. 70.00% due mot
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